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The Preiss Company Announces Appointment of Craig Eick as Vice President of Design & Construction

Thursday September 27, 2012

New hire brings 25 years’ experience in the real estate development and construction management industry to Raleigh student housing provider

RALEIGH, NC – September 27, 2012 – The Preiss Company is pleased to announce that Craig Eick has recently joined the company as Vice President of Design & Construction. He will be responsible for overseeing the Raleigh real estate company’s interest in current development projects under construction, working with joint venture partners on projects in the development phase, and collaborating with the company’s Executive Vice President of Development on potential new development projects.

Eick brings 25 years of experience in the industries of real estate development and construction management. Prior to joining The Preiss Company, he was the Vice President of Design & Construction for JHM Hotels, Inc., a national, multi-brand hotel company that develops, acquires, owns, and operates hotels throughout the United States. For 14 years, Eick served as Vice President of Development for Winston Hotels, Inc. and Executive Vice President of Crockett Capital Corp. where he was involved with the design and construction of 30 hotels in 17 states, representing a total investment of $530 million. He also served as Vice President/Project Manager for J.D. Beam, Inc. for nine years. Eick says it was The Preiss Company’s expansion into the area of new development that attracted him to the company.

“The Preiss Company continues to be a leader in the student housing industry and is aggressively and successfully penetrating the new development market,” says Eick. “I look forward to lending my experience and expertise to ensure that The Preiss Company continues to be one of the premier student housing companies in the country.”

Company Chief Development Officer, Susan Folckemer, CPM®, says that Eick’s extensive background in design, construction, and development makes him a strong addition to the company’s leadership team.

“Part of our corporate strategy is to bulk up our development and construction experience to include mid- and high-rise construction,” says Folckemer. “Having Craig as part of our development team will help us achieve our corporate goals and will allow us to successfully build upon our rapidly growing portfolio.”

Eick earned his Bachelor of Science in Civil Engineering from the University of South Alabama. He is also a licensed North Carolina general contractor and was the qualifying individual for unlimited general contractors license in the states of South Carolina, Tennessee, and Florida.

About The Preiss CompanyFounded in 1987, The Preiss Company specializes in the development, acquisition and management of off-campus student housing. The Raleigh-based company is the nation’s fifth largest privately held and largest woman-owned owner and operator of private student housing. The company’s portfolio currently comprises approximately 15,000 beds located in eight states and eleven markets. For more information, visit www.tpco.com.